Which Finance career pathway includes helping people create and manage budgets and calculate taxes?

Students must choose to use their time after school either to work, to complete homework, or to relax. Which concept does this i

sweet [91]

The best answer is B) Scarcity

Scarcity refers to the fact that we do not have an unlimited amount of resources with which to obtain the things we want. In this case, students have various obligations and desires, such as working, relaxing, and doing homework, but a scarcity of time with which to do these things.

3 0

4 years ago

Cost behavior is useful to managers for all the following except

Olenka [21]

if a company is operating at the full production capacity, then to fulfill more demand, the company will have to invest more in the production line.

8 0

3 years ago

A restaurant bill is made up of the following: $12.50 for starters, $28.55 for main courses, and $8.95 for deserts, plus a 15% s

Alina [70]

Answer:

The bill is $57.5

Explanation:

The computation of bill is shown below:

= Price for starters + price for main course + price for deserts + service charge tax

= $12.50 + $28.55 + $8.95 + $7.5

= $57.50

The service charge would be calculated by considering all food costing.

In mathematically

= Service tax rate × ( Price for starters + price for main course + price for deserts)

= 15% × ($12.50 + $28.55 + $8.95)

= 15% × $50

=$7.5

Hence, the bill is $57.5

7 0

3 years ago

Arthur, an Air Force major, received a permanent change of station transfer from Alabama to Spain. His spouse did not accompany

daser333 [38]

Answer:

$0

Explanation:

Generally speaking, military housing allowances, subsistence allowances, overseas housing allowances and family separation allowances are not included in gross income. They are not taxed by the federal or state governments. Military personnel are not relocated based on the country's national security needs, not their own personal needs.

If the moving expenses exceed the amount given to them by the Air Force, the extra amount is generally tax deductible.

6 0

3 years ago

At Haddon, Inc., the office workers are employed for a 40-hour workweek and are paid on either an annual, monthly, or hourly bas

levacccp [35]

Answer:

Employee Salary Hrs. Worked Cumulative Taxable

Wages as of Last Pay Period

King, M. $135,200 (year) 40 $132,600.00

Manera, E. $6,500 (month) 40 $76,500.00

Tate, S. $3,900 (month) 48 $45,900.00

Yee, L. $12.50 (hour) 44.5 $27,675.13

Diaz, R. $12.50 (hour) 48 $14,778.96

Zagst, J. $14.50 (hour) 52 $24,703.02

(a) regular earnings,

King, M. $135,200 / 52 weeks = $2,600

Manera, E. $1,500 weekly salary

Tate, S. $900

Yee, L. $12.50 x 40 = $500

Diaz, R. $12.50 x 40 = $500

Zagst, J. $14.50 x 40 = $580

(b) overtime earnings,

King, M. $0

Manera, E. $0

Tate, S. [($900 / 40) x 8 x 1.5] = $270

Yee, L. $12.50 x 4.5 x 1.5 = $84.38

Diaz, R. $12.50 x 8 x 1.5 = $150

Zagst, J. $14.50 x 12 x 1.5 = $261

(c) total regular and overtime earnings,

King, M. $2,600

Manera, E. $1,500

Tate, S. $1,170

Yee, L. $584.38

Diaz, R. $650

Zagst, J. $841

(d) FICA taxable wages (the FICA taxes limit for 2020 is $137,700, so everyone will be taxed)

King, M. $2,600

Manera, E. $1,500

Tate, S. $1,170

Yee, L. $584.38

Diaz, R. $650

Zagst, J. $841

(e) FICA taxes to be withheld

King, M. $2,600 x 7.65% = $198.90

Manera, E. $1,500 x 7.65% = $114.75

Tate, S. $1,170 x 7.65% = $89.51

Yee, L. $584.38 x 7.65% = $44.71

Diaz, R. $650 x 7.65% = $49.73

Zagst, J. $841 x 7.65% = $64.34

(f) net pay for the week ended

King, M. $2,600 - $198.90 = $2,401.10

Manera, E. $1,500 - $114.75 = $1,385.25

Tate, S. $1,170 - $89.51 = $1,080.49

Yee, L. $584.38 - $44.71 = $539.67

Diaz, R. $650 - $49.73 = $600.27

Zagst, J. $841 - $64.34 = $776.66

3 0

3 years ago